The Galeries Lafayette department store operator will open a 2nd unit by March 2019 in the Pudong vicinity of Shanghai, serving a population of 25 million inhabitants. Similar to the initial store opened in Beijing in 2013, it will operate as a 50/50 joint venture betweenGaleries Lafayette and I.T, the fashion brand management company headquartered in Hong Kong. The Chinese partner also operates stores under its own name in Mainland China, and has signed a letter of intent to open a 23,100...
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